DSIJ Mindshare

Markets may open with a gap-down following weak global cues

Vinayak Gangule 0 744 Article rating: 5.0

Indian stocks are likely to witness a gap-down opening following weakness seen across Asian markets and as the US equity futures pointed to substantial fall on the Wall street. The US political uncertainty added to heightened concerns over the slowing global economy. The SGX Nifty Index Future has declined 62 points from Monday’s close, indicating Nifty may open around the 10620 level. 

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